$MET H1 — STRONG BREAKOUT, WAIT FOR A PULLBACK TO GO LONG
MET has surged strongly from the 0.27 zone to 0.3527, and each breakout move has come with heavy volume.
Currently, price is near the short-term high, so I’m not prioritizing chasing; I’ll wait for price to pull back to the support area.
LONG PLAN 🟢 | $MET
Entry: 0.337–0.341
SL: 0.3295
TP1: 0.353
TP2: 0.365
TP3: 0.380
Trigger: Price pulls back to the Entry zone, holds the 0.337–0.341 area, and an H1 candle shows a bullish reaction again.
Personal view:
The H1 structure is still very strong and buying pressure is dominant, but MET has risen more than 25% in 24 hours, so volatility is high and profit-taking pressure is also elevated.
I choose the 0.337–0.341 zone because it’s close to the base of the final up-move. If price holds this area and H1 confirms that buyers have returned, the entry point will have a significantly better R:R than buying right around the top.
If H1 closes below 0.3295, the short-term structure weakens and the LONG scenario is invalid.
Invalid: H1 closes below 0.3295.
No FOMO. Wait for a confirmed retest.
MET has surged strongly from the 0.27 zone to 0.3527, and each breakout move has come with heavy volume.
Currently, price is near the short-term high, so I’m not prioritizing chasing; I’ll wait for price to pull back to the support area.
LONG PLAN 🟢 | $MET
Entry: 0.337–0.341
SL: 0.3295
TP1: 0.353
TP2: 0.365
TP3: 0.380
Trigger: Price pulls back to the Entry zone, holds the 0.337–0.341 area, and an H1 candle shows a bullish reaction again.
Personal view:
The H1 structure is still very strong and buying pressure is dominant, but MET has risen more than 25% in 24 hours, so volatility is high and profit-taking pressure is also elevated.
I choose the 0.337–0.341 zone because it’s close to the base of the final up-move. If price holds this area and H1 confirms that buyers have returned, the entry point will have a significantly better R:R than buying right around the top.
If H1 closes below 0.3295, the short-term structure weakens and the LONG scenario is invalid.
Invalid: H1 closes below 0.3295.
No FOMO. Wait for a confirmed retest.
